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Drift Protocol Releases Recovery Plan After $295 Million Exploit—Key Details

By Ronaldo Marquez at 2026-05-06 04:38

Sentiment: Negative

Drift Protocol announced on Tuesday that it has laid out a recovery plan for users affected by the April 1 exploit, an incident that resulted in a major loss of roughly $295 million in user funds on the lending decentralized exchange (DEX). Drift Protocol’s $295M Recovery Plan Drift Protocol’s plan centers on a recovery token […] Continue reading...

Categories: Crypto News

Tags: #Crypto News #crypto #crypto news #cryptocurrencies #Cryptocurrency #Drift #Drift hack #Drift Protocol #Drift Protocol recovery

Source Bitcoinist